ΤΙΤΑN CEMENT COMPANY S.A. ( the Company) announces that, in implementation of a Stock Option Plan which was established by virtue of decision dated 3.6.2010 of the General Meeting of Shareholders ( the Stock Option Plan) and pursuant to resolutions of the Board of Directors dated 3.5.2012 and 5.3.2015, the Company sold on 10.11.2016 to 13 beneficiaries/ Titan Group executives 42,209 own common Company shares representing approximately 0.05% of the paid up share capital of the Company. The relevant exercise notice was sent by the Company to 27 beneficiaries who had the right to exercise their stock options at the last exercise period. In accordance with the Stock Option Plan the shares were sold at a sale price per share equal to the nominal value of each Company share i.e. euro 4 per share and at a total sale price of euro 168,836.00.